The Supreme Court ruled in June that Cook could remain in her position — but did not block Trump from continuing to legally challenge her for alleged mortgage fraud.
Importers passed the cost of tariffs to wholesalers, manufacturers and other businesses. Now, they’re deciding whether they’ll share their tariff refunds too.
The Supreme Court released a decision Friday finding that the president does not have the authority to impose tariffs under the International Emergency Economic Powers Act.
The Supreme Court will hear arguments about the Trump administration’s attempted firing of Fed governor Lisa Cook this week. The outcome could determine how easily the president can dismiss other Fed officials.